News Flash

Russian sanctions – due diligence requirements when carrying petroleum products to the EU

Russian sanctions – due diligence requirements when carrying petroleum products to the EU

Following the entry into force of Article 3ma of Council Regulation (EU) No. 833/2014 on 21 January 2026, shipowners and...
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The Week in Alt Fuels: Methanol bunkering gathers steam

The Week in Alt Fuels: Methanol bunkering gathers steam

The number of methanol-capable vessels in operation has risen to 112, up from 106 at the end of 2025, according...
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Venezuelan crude exports rebound as sanctions push trade to compliant fleet: Teekay Tankers

Venezuelan crude exports rebound as sanctions push trade to compliant fleet: Teekay Tankers

Venezuelan crude exports are expected to return to a typical run rate of 800,000 b/d, as the country shifts away...
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Cameroon Pledges Crackdown on Ship Registry Flagging 13% of Dark Fleet Tankers

Cameroon Pledges Crackdown on Ship Registry Flagging 13% of Dark Fleet Tankers

Cameroon’s government has pledged to deregister all shadow fleet tankers following representations from Brussels and amid a surge in registrations...
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Mediterranean shows opportunities for transport fuels

Mediterranean shows opportunities for transport fuels

Over the past two years, transport fuel flows have experienced increasing regionalisation, particularly in the Pacific Basin where 1mbd of...
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West delivers stable renewal with strong retention and selective growth

West delivers stable renewal with strong retention and selective growth

West P&I has reported a stable and disciplined renewal at 20 February, achieving high levels of Member retention while continuing...
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Steamship Mutual Enters 2026 in a Position of Strength and Stability

Steamship Mutual Enters 2026 in a Position of Strength and Stability

Steamship Mutual enters 2026 in a position of strength, following a renewal that demonstrated both the resilience of the mutual...
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NorthStandard Achieves Stronger Results and Growth Amid Global Shipping Challenges

NorthStandard Achieves Stronger Results and Growth Amid Global Shipping Challenges

During a year of intense global shipping challenges, NorthStandard projects improved underwriting performance and increased free reserves. NorthStandard’s premium income...
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Pan Ocean expands with 10 VLCCs as aging fleet and geopolitics test outlook

Pan Ocean expands with 10 VLCCs as aging fleet and geopolitics test outlook

Pan Ocean is accelerating business expansion as it decided to acquire a large number of SK Shipping’s very large crude...
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Red Sea shipping reopens, but renewed Houthi threats keep route uncertainty high

Red Sea shipping reopens, but renewed Houthi threats keep route uncertainty high

Container carriers are now restarting services via the Red Sea amid a continued reduction in Houthi attacks on maritime shipping,...
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Costamare Bulkers Holdings Limited Primed for a Strong Performance Moving Forward

Costamare Bulkers Holdings Limited reported unaudited financial results for the fourth quarter (“Q4 2025”) and year ended December 31, 2025....
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Biofuel Bunker Snapshot: Global B30-VLSFO prices gain on VLSFO price

Biofuel Bunker Snapshot: Global B30-VLSFO prices gain on VLSFO price

ARA and Gibraltar Rotterdam’s B30-VLSFO (POMEME) price and Antwerp’s B30-VLSFO (UCOME) price has gained over the last week. Rotterdam’s conventional...
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Drewry: World Container Index Down 1% Last Week

Drewry: World Container Index Down 1% Last Week

For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your organisation...
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Hapag-Lloyd/Zim takeover embeds Top 5 carriers’ preeminence

Hapag-Lloyd/Zim takeover embeds Top 5 carriers’ preeminence

Hapag-Lloyd’s planned $4.2 billion takeover of Zim will help it stay relevant in an increasingly consolidated container shipping market. What...
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Baltic Dry Index Bounces

Baltic Dry Index Bounces

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped its three-day losing streak on...
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Lloyd’s Register verifies GT Wings’ performance assessment methodology for AirWing™ Jet Sail

Lloyd’s Register verifies GT Wings’ performance assessment methodology for AirWing™ Jet Sail

GT Wings, provider of unique wind propulsion systems to the commercial shipping industry, has secured Lloyd’s Register verification of sea...
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Wallenius Marine awarded Ship Management contract for seven newbuildings

Wallenius Marine awarded Ship Management contract for seven newbuildings

Wallenius Marine has been awarded responsibility for ship management of seven out of 14 of Wallenius Wilhelmsen’s new Shaper class...
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Shanghai bunkering blueprint targets LNG and methanol

Shanghai bunkering blueprint targets LNG and methanol

The Chinese government plans to develop 1 million cbm/year of LNG and 1 million mt/year of biofuel and methanol bunkering...
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Teekay Tankers Says Tanker Demand And Supply Fundamentals Remain Supportive

Teekay Tankers Says Tanker Demand And Supply Fundamentals Remain Supportive

Teekay Tankers Ltd. reported the Company’s results for the quarter and year ended December 31, 2025. As a result of...
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Why a German shipping deal alarms Israel’s government

Why a German shipping deal alarms Israel’s government

What do we know about the deal? Germany’s Hapag-Lloyd, the world’s fifth-largest container shipping line, has signed a deal to...
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